How to value your FD
95 Bathhurst
09-02-17, 08:30 AM
#479
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I think you make a great point, Elliot. It's so easy for those of us who have been long time owners to appreciate just how attractive these little cars are to "outsiders". We know all their little picadillos and we think the reason "outsiders" have shied away from them is that they worry even more than we do about them blowing up or whatever. They are drop dead gorgeous, handle like crazy, and are pretty fast even stock. They are cool. There are not many of them around and you certainly don't see many on the roads. I know I thought the prices would jump in 2008, but the recession intervened. Now, the stock market has come back and hitting new highs and people have profits to invest. Home prices are up and people have equity they can borrow against. And new cars suck. I cannot go along with the notion that FD prices will slowly rise. I think they will now follow the path taken for E30 M3 prices. We'll see $50,000 commonly for good examples next year and some will go higher. The only thing that will stop it is if Fritz's great crash comes soon. 
09-02-17, 08:45 AM
#480
anyone who thinks that the US would have been a better country under the proven Hillary Clinton is a bigger idiot... case closed.
as far as the 75k FD... no wonder.. its a darn unicorn..
driven FDs.. still very skeptical it will reach 100k in 10 years...
hoping i am very wrong... maybe my new project is to get the ssm r2 stock correct..
Last edited by amp; 09-02-17 at 08:47 AM.
09-02-17, 10:30 AM
#481
Original Gangster/Rotary!
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Originally Posted by amp
as far as the 75k FD... no wonder.. its a darn unicorn..
driven FDs.. still very skeptical it will reach 100k in 10 years...
hoping i am very wrong... maybe my new project is to get the ssm r2 stock correct..
driven FDs.. still very skeptical it will reach 100k in 10 years...
hoping i am very wrong... maybe my new project is to get the ssm r2 stock correct..
09-02-17, 11:59 AM
#483
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this year was weird. there were enough cool/unique cars to sell for big money to make the headlines, but after those 12 cars sold, it was an endless stream of white late 90's 911's and red 3xx Ferrari's. it was BORING, and prices were flat.
so its weird. the real blue chip stuff is still bringing in big bucks, but for mainstream cars, 3xx Ferrari, 930's and 911's there is a seemingly endless supply, and if you're not in the mainstream prices were way down.
if you want the example, a Cosmo 110 sold for like 220k a couple years ago, and it was a pristine low mileage original car. this year, the nicely modded driver Cosmo sold for 40k.
as far as FD's go, given costs of repair/construction/normal maintenance, 22-25K for a really nice car seems reasonable to me.
people are wearing suit and tie to the auctions, but no socks, which surprised me, i thought that was best left in the 80's
for the FD given the cost of maintenance/repair/construction, 22-25k for a nice car seems reasonable.
Last edited by j9fd3s; 09-02-17 at 12:03 PM.
09-02-17, 01:58 PM
#484
09-02-17, 03:05 PM
#485
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for Monterey car week, we've been going to mecum for a couple years now. and two years ago everything sold for huge money, last year they had very few cars and very few buyers; possibly due to the impending election.
this year was weird. there were enough cool/unique cars to sell for big money to make the headlines, but after those 12 cars sold, it was an endless stream of white late 90's 911's and red 3xx Ferrari's. it was BORING, and prices were flat.
so its weird. the real blue chip stuff is still bringing in big bucks, but for mainstream cars, 3xx Ferrari, 930's and 911's there is a seemingly endless supply, and if you're not in the mainstream prices were way down.
if you want the example, a Cosmo 110 sold for like 220k a couple years ago, and it was a pristine low mileage original car. this year, the nicely modded driver Cosmo sold for 40k.
as far as FD's go, given costs of repair/construction/normal maintenance, 22-25K for a really nice car seems reasonable to me.
people are wearing suit and tie to the auctions, but no socks, which surprised me, i thought that was best left in the 80's
for the FD given the cost of maintenance/repair/construction, 22-25k for a nice car seems reasonable.
this year was weird. there were enough cool/unique cars to sell for big money to make the headlines, but after those 12 cars sold, it was an endless stream of white late 90's 911's and red 3xx Ferrari's. it was BORING, and prices were flat.
so its weird. the real blue chip stuff is still bringing in big bucks, but for mainstream cars, 3xx Ferrari, 930's and 911's there is a seemingly endless supply, and if you're not in the mainstream prices were way down.
if you want the example, a Cosmo 110 sold for like 220k a couple years ago, and it was a pristine low mileage original car. this year, the nicely modded driver Cosmo sold for 40k.
as far as FD's go, given costs of repair/construction/normal maintenance, 22-25K for a really nice car seems reasonable to me.
people are wearing suit and tie to the auctions, but no socks, which surprised me, i thought that was best left in the 80's
for the FD given the cost of maintenance/repair/construction, 22-25k for a nice car seems reasonable.
As long as the stock parts are included in the sale I'll always pay more for a lightly modded car if it's done nicely and it hasn't been abused, regardless of the miles.
09-02-17, 03:30 PM
#486
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People want what they want and practicality goes out the window.
At this time a white FD with black interior is likely worth 5 or 6k more than your average 94 FD just for those two reasons.
I probably wouldn't buy another 93 car unless the panels had been replaced or recovered and forget about either tan or red interior. Going forward for me it will be pretty much 94/95 cars. I expect to see the value of the model year becoming as big or bigger than the model/color combo as time moves along. In other words we'll see 93s selling at discounts.
Last edited by Fritz Flynn; 09-02-17 at 03:33 PM.
09-02-17, 04:21 PM
#487
Recovering Miataholic
At this time a white FD with black interior is likely worth 5 or 6k more than your average 94 FD just for those two reasons.
09-02-17, 05:13 PM
#490
What do you think of this 94 R2 for sale? It is very well represented.
https://www.hemmings.com/classifieds...7/1989348.html
https://www.hemmings.com/classifieds...7/1989348.html
09-02-17, 05:25 PM
#491
Always Bad Advice
If FDs reach the point where they are collected, professionally restored, and entered in concourse, paint accuracy and the color matching the cars manufactured color code will be more important than rarity of the color. But, we are a long way from that point. And hopefully by then the public's maina for monochrome cars will have subsided.
09-02-17, 06:11 PM
#493
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What do you think of this 94 R2 for sale? It is very well represented.
https://www.hemmings.com/classifieds...7/1989348.html
https://www.hemmings.com/classifieds...7/1989348.html
That is likely the same SSM R2 that was for sale on here a year ago. The seller had it listed everywhere including the rennlist forum for 6 months or more.
https://www.rx7club.com/3rd-generati...2436k-1104004/
His starting price was over 40k and I think he eventually sold it for approx 32 which is actually not bad or more than I would have paid.
It also had average compression. I knew an interested buyer who had the car tested. Another interested buyer from FL flew up to see an SSM car I was selling and commented that my car was overall the nicer car although he didn't buy mine either LOL. He also said the paint was good but not great.
I suspect it will sell for less than 40k this time around as well.
Last edited by Fritz Flynn; 09-02-17 at 06:15 PM.
09-03-17, 03:55 PM
#494
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on the exterior, the only mod was a set of wantanabe's, painted a normal wheel color.
on the interior, it got a set of Mazdaspeed seats upholstered in the correct houndstooth.
under the hood, we didn't see, but it said 13B with dual webers (probably a rotary engineering 2x 32DCD kit), T2 brakes.
it looked awesome, and it looked like it would be FUN.
09-03-17, 04:05 PM
#495
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nobody answered with just buy the ones you like.
if you like yellow, buy a yellow one. if you like white, buy white. if you like red buy red.
09-03-17, 07:53 PM
#497
for Monterey car week, we've been going to mecum for a couple years now. and two years ago everything sold for huge money, last year they had very few cars and very few buyers; possibly due to the impending election...
...if you want the example, a Cosmo 110 sold for like 220k a couple years ago, and it was a pristine low mileage original car.
The Cosmo Sport that sold 2 years ago at Pebble was hardly a "low mileage original car." In fact, it was a nut and bolt, no holds barred, 5 year frame off restoration performed by Glenn Roberts from Finishing Touch in Fountain Hills, AZ. I covered it step by step in 2005 in a thread still stickied in the Old School Rotary section. It sold for north of $260K and is by far the best Cosmo Sport in the world.
https://www.rx7club.com/old-school-o...roject-422417/
...this year, the nicely modded driver Cosmo sold for 40k.
This car had some surface rust, but was overall very clean for a restomod Cosmo. Someone indeed got a great deal on this car. Just wish I had been present to bid!
...if you want the example, a Cosmo 110 sold for like 220k a couple years ago, and it was a pristine low mileage original car.
The Cosmo Sport that sold 2 years ago at Pebble was hardly a "low mileage original car." In fact, it was a nut and bolt, no holds barred, 5 year frame off restoration performed by Glenn Roberts from Finishing Touch in Fountain Hills, AZ. I covered it step by step in 2005 in a thread still stickied in the Old School Rotary section. It sold for north of $260K and is by far the best Cosmo Sport in the world.
https://www.rx7club.com/old-school-o...roject-422417/
...this year, the nicely modded driver Cosmo sold for 40k.
This car had some surface rust, but was overall very clean for a restomod Cosmo. Someone indeed got a great deal on this car. Just wish I had been present to bid!
Thank you for your nice PM. We have a truce
09-03-17, 09:58 PM
#499
i should post pics, but this Cosmo was done RIGHT.
on the exterior, the only mod was a set of wantanabe's, painted a normal wheel color.
on the interior, it got a set of Mazdaspeed seats upholstered in the correct houndstooth.
under the hood, we didn't see, but it said 13B with dual webers (probably a rotary engineering 2x 32DCD kit), T2 brakes.
it looked awesome, and it looked like it would be FUN.
on the exterior, the only mod was a set of wantanabe's, painted a normal wheel color.
on the interior, it got a set of Mazdaspeed seats upholstered in the correct houndstooth.
under the hood, we didn't see, but it said 13B with dual webers (probably a rotary engineering 2x 32DCD kit), T2 brakes.
it looked awesome, and it looked like it would be FUN.
09-04-17, 09:13 AM
#500
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I'm with Gordon. Economics obviously effects the price of the FD and every other collector car.
Yep the stock market is up BIG TIME, housing prices are UP, prices for COOL cars are UP, unemployment is down etc...etc...
BUT!!!!
Personal debt just hit an all time high YET inflation is still low LOL
https://www.usatoday.com/story/money...ebt/101774626/
No wonder car companies have been doing better but not for long LOL
The majority of the work force are those poor students and look at that debt. They better keep that job.
GDP is not great and profits are not great yet many stocks are trading at stupid PEs.
I could go on and on and on.
Look at the chart below. There is no 11 year time period with the GDP staying below 5 percent. Couple that with the low interest rate and all the fed stimulus and it's truly not a good sign at all.
US GDP Growth Rate by Year
If econ 101 means anything at all the so called awesome economy is a JOKE!!!!
PS Can't wait to see if the fed has the ***** to raise rates
Yep the stock market is up BIG TIME, housing prices are UP, prices for COOL cars are UP, unemployment is down etc...etc...
BUT!!!!
Personal debt just hit an all time high YET inflation is still low LOL
https://www.usatoday.com/story/money...ebt/101774626/
No wonder car companies have been doing better but not for long LOL
The majority of the work force are those poor students and look at that debt. They better keep that job.
GDP is not great and profits are not great yet many stocks are trading at stupid PEs.
I could go on and on and on.
Look at the chart below. There is no 11 year time period with the GDP staying below 5 percent. Couple that with the low interest rate and all the fed stimulus and it's truly not a good sign at all.
US GDP Growth Rate by Year
If econ 101 means anything at all the so called awesome economy is a JOKE!!!!
PS Can't wait to see if the fed has the ***** to raise rates
Last edited by Fritz Flynn; 09-04-17 at 09:23 AM.